Premium Auditor - Advanced Auditor Division

ARMStrong Insurance Services•Chesire, CT

4d•Onsite

About The Position

NEIS, LLC, a leader in the insurance audit and loss control prevention industry since 1945 and part of ARMStrong Insurance Services, is seeking a Premium Auditor to join their growing team. Premium Auditors are responsible for examining the financial records of businesses insured by commercial property and casualty insurers to ensure compliance with laws and regulations. Key responsibilities include identifying potential fraud and verifying that insured businesses adhere to regulatory requirements.

Requirements

Minimum 3+ years premium auditing experience, with physical audit experience preferred.
Experience with auditing WC, GL and GARL policies.
Ability to read, analyze and interpret financial documents.
Moderate proficiency using Excel, including pivot tables, AutoSum, basic formulas, formatting, etc.
Ability to handle larger, more complex audits by working with multiple record systems and file formats, auditing/reconciling multiple entities and locations, communicating effectively with Agents/Brokers and senior-level employees, and diligent managing schedules and follow-up activities.
Organized and efficient, with ability to follow strict scheduling protocols.
Demonstrated experienced in handling WC audits in Test Audit states such as CA, PA, DE or NY preferred.
RFC and critical error rates within current average bandwidth for all auditors.
Ability to communicate well with both external and internal customers, and represent NEIS in a professional manner.

Nice To Haves

Bachelor’s degree in Business or Accounting preferred; experience in bookkeeping, accounting or commercial insurance will be considered in lieu of a college degree.

Responsibilities

Handle premium audits for dedicated AAD customers.
Prepare for the audit by identifying the necessary information and type of records needed.
Prepare schedule to maximize optimal use of time.
Correspond with insured via phone, email and mail to setup audit appointments, determine record-keeping system, and request specific records required.
Examine the policyholder's records, gather data to determine correct classifications for business activities and write an effective description of operations.
Using SOP and Client requirements, prepare complete audit document and explain results to insured.
Meet minimum billable requirements.